Latest News

28 Nov 2022
Investors cut net long positions on ICE Brent crude futures last week by 36% as oversupply concerns...
28 Nov 2022
BP has said it is weighing whether it will continue to publish its annual supply and demand survey of the global...
28 Nov 2022
Adnoc will cut December crude term volumes to some Asia-based customers but will provide full allocations volumes in January
28 Nov 2022
Brazil's outgoing President Bolsanaro has signed off on a 10% biodiesel blending target for the first quarter of next year...
28 Nov 2022
Shell Plc is selling its stakes in a group of North Sea oil fields...
28 Nov 2022
Crude and some refined products have shifted to contango on increasing signs of oversupply and poor demand...
28 Nov 2022
Global airline capacity climbed back above 90 million seats this week for the first time in a month on a...
28 Nov 2022
Benchmark Dubai prices slumped to the lowest level of the year as the deteriorating Covid situation...
28 Nov 2022
Personal mobility in China dropped to a seven-month low last week, according to data from search engine Baidu...
28 Nov 2022
Thailand's crude oil imports fell for a third consecutive month in October, slipping to their lowest level since...
28 Nov 2022
The US has given permission for energy giant Chevron to resume oil production in Venezuela...
26 Nov 2022
Workers at BP's 400,000-bpd Rotterdam refinery are restarting one of two crude distillation units (CDUs)...
25 Nov 2022
Crude oil futures Friday were trending lower as investors wait for further clarity on the Russian price cap talks ahead of...
25 Nov 2022
Gasoline cracks collapsed to under $5/b this week for the first time since September...
25 Nov 2022
Brent crude was broadly flat in a thin Friday session, as structure turned to a small contango..
25 Nov 2022
Diesel refiner margins touched two-month lows this week as global stocks continued to build on...
25 Nov 2022
East-west spreads spiked in the high and low sulfur fuel oil markets this week, with a slowdown in net arrivals...
25 Nov 2022
Poland is seeking German support to impose EU sanctions on the Polish-German section of the Druzhba crude pipeline so Warsaw can abandon a deal to buy Russian oil...
25 Nov 2022
Saudi Arabia and Iraqi have reiterated the importance of adhering to OPEC+ output cuts that last until the end of 2023...
25 Nov 2022
Middle East benchmark Dubai crude retreated for a third consecutive week as concerns over slow demand growth, particularly in China...
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